Blackwood Bank has the following balance sheet. ASSETS $Amount Rate earned per LIABILITIES & EQUITY $Amount Rate paid per annum annum (million) (million) 3-month Treasury notes 90 4% 35 3.5% Overnight interbank funds 7.5% 180-day bank bills 90 6.5% 2-year fixed-rate personal 70 loans 120 7% 4% 30-year floating-rate mortgage loans (rate adjusted monthly) 2-year variable-rate term 70 deposits (rate adjusted quarterly) Non-earning assets 70 0% 95 5.5% 3-year fixed-rate term deposits Equity 60 Total 350 Total 350 (i) Calculate Blackwood Bank's one-year repricing gap (show all workings). (3 marks) (ii) Is Blackwood Bank exposed to losses of Net Interest Income when interest rates rise or fall? Explain your answer marks)